30 May 2014
Why Do I Need Professional Indemnity Insurance?
As an optometrist you are engaging with the public and giving out advice and guidance to clients on a daily basis.
While your business may uphold high levels of professionalism and experience, mistakes do happen and if your practise is not covered with Professional Indemnity Insurance, you be making your business vulnerable to a costly claim.
Practising without Professional Indemnity Insurance is regarded as a serious matter, and is essential for anyone looking to safeguard their business against claims of dissatisfaction or professional negligence.
No matter how large or small your practise is, claims do happen and could arise for a number of reasons. Professional indemnity cover will cover against a wide range of scenarios including:
- You, or another optician in your practise gives negligent advice to a client
- You lose clients documents data or documents
- An employee commits fraud or is dishonest with a client
- You unintentionally breach copyright or client confidentiality
- If someone believes your business has made a statement which could affect public perception about them
- A client comes back with issues regarding past work you have done for them
- Your work causes injury to someone
Independent opticians are particularly vulnerable to the huge financial consequences that come with a claim, and can struggle to pay out compensation and expensive legal fees, so this type of insurance is a must.
With decades of experience behind us, InFocus Insurance have developed a specialist knowledge of the eye care industry meaning your practise will be in good hands.
We understand what kind of equipment you are working with and can tell you exactly what kind of insurance you will need.
For more information on Professional Indemnity Insurance, or any other type of cover, feel free to contact us or start an online quote with us today.